Pictured above: (l/r): Steve Smith, from Murphy Salisbury, Kirsty McGregor, chairman of the Corporate Finance Network, and Martin Coyne, from Poppleton & Appleby.

Experts have been giving a unique insight into the issues which surround nursing companies in financial difficulty back to health.

Murphy Salisbury Chartered Accountants hosted a special corporate finance network lunch at the Nestfield Suite of the Welcombe Hotel, Stratford-upon-Avon where presentations were held on corporate recovery issues.

Over 50 people attended the event which included talks from Martin Coyne, of corporate recovery experts Poppleton & Appleby and Kirsty McGregor, chairman of the Corporate Finance Network.

Martin Coyne said: "In these testing economic times we want to utilise all of our skills and expertise to help save businesses and jobs.

"There are currently some excellent opportunities for private equity groups who have available cash reserves and can move quickly to pick up ailing businesses.

"Some of these businesses have to be sold quickly because short term funding to run businesses in an insolvency situation is difficult to find."

Many corporate recovery issues were covered during the event with a particular emphasis on acquisitions and sales of businesses and pre-pack administrations.

Steve Smith, from Stratford-based Murphy Salisbury, said: "It is vital in the current economic climate that the correct professional advice is given.

"In times of financial difficulty the advice that can be obtained from Poppleton & Appleby and Murphy Salisbury is invaluable."